YZi Labs Announces Strategic Investment in BitGo’s IPO as Digital Asset Custody Giant Debuts on NYSE

Key Takeaways:

• YZi Labs announced a strategic investment in the IPO of BitGo as it debuts on the NYSE, backing the "inevitably vital" regulated infrastructure required to onboard the next trillion dollars of institutional capital.
• BitGo is a U.S.-regulated, institutional-grade digital asset infrastructure platform — delivering qualified custody plus end-to-end services (staking + stablecoin issuance) at global scale ($82B assets on platform; 5,100+ institutions across 100 countries).

YZi Labs, formerly Binance Labs, now CZ (Changpeng Zhao)’s $10B investment arm to focus on Web3, AI and Biotech, announced its participation in the Initial Public Offering (IPO) of BitGo (NYSE: BTGO), a leading global digital asset custody and security company. As a major institutional investor in the IPO, YZi Labs’ participation underscores its commitment in supporting companies which are strengthening crypto infrastructure in a fully compliant way.

YZi Labs views U.S. regulated digital asset infrastructure like BitGo as a long-term strategic pillar as global capital markets increasingly converge with digital asset rails. That conviction is rooted in BitGo’s regulated trust structure and multi-jurisdictional footprint, supported by a compliance framework spanning North America, Europe, the Middle East, and Asia to meet the highest standards of fiduciary security.

Beyond custody, BitGo supports the full digital asset lifecycle — including staking-as-a-service for secure yield, and stablecoin-as-a-service that enables banks and enterprises to issue compliant, white-label stablecoins on BitGo’s infrastructure. With $82 billion in Assets on Platform (AOP) and serving over 5,100 institutional clients across 100 countries, BitGo has become critical infrastructure for the digital asset economy. 

“BitGo has maintained a hack-free security record for over a decade, a testament to the technical foundation laid by its inventor and CEO, Mike Belshe – not only a Bitcoin OG but a pioneer architect of the modern web through his early work at Netscape and Google Chrome.” said Ella Zhang, Head of YZi Labs. “As the digital asset industry matures, BitGo’s regulated, institutional-grade infrastructure has become a critical competitive advantage. With $82 billion AOP, BitGo is a corner-stone asset. We are committed to providing the strategic resources necessary to fuel its next phase of global growth as a public company.”

“As we debut on the NYSE, our mission remains to deliver absolute trust to the digital asset ecosystem. YZi Labs’ strategic investment is not just a backing; it is a shared commitment to a future built on compliant, institutional-grade infrastructure. By combining BitGo’s no-compromises approach to security technology with Binance and BNB ecosystem’s global market reach, we are setting the standard for how the world’s capital enters this space,” said Mike Belshe, CEO of BitGo.

About YZi Labs

YZi Labs manages over $10 billion in assets globally. Our investment philosophy emphasizes impact first—we believe that meaningful returns will naturally follow. We invest in ventures at every stage, prioritizing those with solid fundamentals in Web3, AI, and biotech.

YZi Labs’ portfolio covers over 300 projects from over 25 countries across six continents. Some notable portfolios include Trustwallet, CoinMarketCap, Polygon, Injective, Ethena, Safepal Wallet, Better Payment Network, Aster, XAI, and more. More than 65 of YZi Labs’ portfolio companies have gone through our incubation programs. For more information, follow YZi Labs on X. 

About BitGo 

Founded in 2013, BitGo is the leading digital asset infrastructure provider, securing over $82 billion in assets for 5,100+ institutional clients across 100 countries. BitGo pioneered the multi-signature wallet and remains the only vertically integrated provider offering custody, trading, settlement, and token management under one roof. The company operates BitGo Bank & Trust, a National Trust Bank regulated by the OCC, and offers institutional-grade security verified by SOC 1 & SOC 2 Type 2 audits.

Disclaimer: The information provided in this article is intended for informational purposes only and does not constitute investment advice, endorsement, analysis, or recommendations with respect to any financial instruments, investments, or issuers. This article may contain forward-looking statements which are by nature subject to risks and uncertainties. Investment in cryptocurrency and DeFi projects involves substantial risk, including the risk of complete loss. This article does not take into account the investment objectives, financial situation, or specific needs of any particular person and each individual is urged to consult their legal and financial advisors before making any investment decisions.